Biggest Story In India Headlines 7th June 2025
On June 6, 2025, the Reserve Bank of India (RBI) announced a 50 basis points (bps) reduction in the repo rate, bringing the total cut this year to 100 bps and igniting hope for homebuyers across the nation. This move lowers borrowing costs, allowing prospective buyers to secure larger loans without increasing their equated monthly installments (EMIs). For a ₹50 lakh home loan over 20 years, the EMI savings amount to approximately ₹3,164, while ₹1 crore and ₹1.5 crore loans save ₹6,329 and ₹9,493 monthly, respectively.
The RBI’s neutral stance signals no further cuts in the near term, prompting experts to urge ready buyers to act now. However, the benefits depend on banks swiftly adjusting their Marginal Cost of Funds-based Lending Rates (MCLR). Deepak Kumar Jain, CEO of CredManager.in, noted that while each cut seems modest, their cumulative impact eases affordability in India’s expensive housing market. Yet, experts caution that financial and personal factors should guide homebuying decisions, not just lower rates, ensuring buyers make informed choices in this favorable climate.
https://drive.google.com/file/d/1MBZ1jWtpwdZkfcDR2HkH_03z2Jx35SzW/view?usp=drive_link
Canadian Prime Minister Mark Carney faced intense scrutiny on June 6, 2025, for inviting Indian Prime Minister Narendra Modi to the G7 summit in Kananaskis, Alberta, scheduled for June 15–17. The decision comes despite Canada’s federal police concluding that the murder of Sikh activist Hardeep Singh Nijjar in British Columbia was orchestrated by India’s “highest levels,” straining bilateral ties. Carney defended the invitation, citing India’s status as the world’s fifth-largest economy and its role in global supply chains, emphasizing discussions on energy, AI, and critical minerals.
He declined to comment on Modi’s alleged involvement in Nijjar’s killing, citing ongoing legal proceedings against four Indian nationals. Modi welcomed the invitation, expressing enthusiasm for strengthening India-Canada ties as vibrant democracies. The move has sparked backlash, with critics questioning Carney’s priorities amid the unresolved investigation, highlighting the delicate balance between diplomacy and justice on the global stage.
https://drive.google.com/file/d/1cVzCM-8VMAZY4WSTCGvie4DZysO_3WBh/view?usp=drive_link
Bhavish Aggarwal, founder of Ola Electric Mobility Ltd., injected ₹20 crore ($2.3 million) in cash to reinforce collateral for loans secured against his company’s shares, as revealed on June 6, 2025. With Ola Electric’s stock dropping 35% since its August listing at ₹76, Aggarwal, who pledged 8% of his 30% stake, acted to stabilize borrowings for his AI venture, Krutrim Data Center Pvt.
The loans, raised from Avendus Group, InCred Alternative Investments Pvt., and Modulus Alternatives Investment Managers, carried high coupon rates of 14.9%–15.9%. No margin calls were triggered, and the collateral’s value exceeds twice the borrowed amount. The stock slide, driven by doubled quarterly losses and regulatory concerns, prompted stake reductions by Hyundai and Kia. Aggarwal’s proactive move underscores the pressures facing India’s e-scooter market, with investors closely monitoring Ola Electric’s recovery amid governance challenges.
https://drive.google.com/file/d/1elyxqxvgOwOOgLdp_5RyWv8tgJaf0Gt9/view?usp=drive_link
Elon Musk’s Starlink received a significant boost on June 6, 2025, when India’s telecom ministry granted it a license to operate satellite internet services, clearing a major hurdle after years of delays. Since 2022, Starlink faced national security concerns, but recent partnerships with Bharti Airtel and Reliance Jio paved the way for approval. Both telecom giants will distribute Starlink equipment through their retail networks, leveraging thousands of outlets to expand access.
The deals, contingent on government clearance, mark a surprising collaboration, given past tensions over spectrum allocation. Starlink’s entry promises to revolutionize internet connectivity in India, particularly in rural areas, competing with Amazon’s Kuiper, which awaits its license. The development has generated excitement on X, with users anticipating faster, more reliable internet, underscoring India’s growing role in global tech innovation.
https://drive.google.com/file/d/16A0vke9vKRdsw6wY5Io0N34qo1aYPHQB/view?usp=drive_link
Akshay Kumar’s Housefull 5, released on June 25, 2025, opened to a lackluster response, failing to match the morning occupancy rates of Bollywood blockbusters like Chhaava and PK. The comedy-mystery, featuring a dual-climax format (Housefull 5A and Housefull 5B), recorded a modest 27.24% occupancy across India, trailing Chhaava’s 30.47%, PK’s 21.23%, Sikandar’s 13.76%, and Badass Ravi Kumar’s 13.9%. According to Sacnilk, the film secured fifth place among the top 10 opening morning occupancies, with advance bookings reflecting moderate interest.
Despite its star-studded cast, Housefull 5 saw 55% fewer admissions than Chhaava, the year’s top Bollywood performer. The innovative dual-ending strategy aimed to boost engagement but hasn’t resonated as expected, leaving the franchise’s latest installment overshadowed by competitors in a crowded release window.
https://drive.google.com/file/d/1FMCapM5_8hJLTf1XMsSQk-7KAeAi6uCN/view?usp=drive_link
India’s active COVID-19 cases surged to 5,364 as of June 7, 2025, with 498 new infections and four deaths reported in the last 24 hours, according to the Health Ministry. Kerala led with 192 new cases, followed by Gujarat (107), Maharashtra (114), and West Bengal (58). The Centre conducted preparedness assessments on June 2–3, led by DGHS Dr. Sunita Sharma, evaluating oxygen infrastructure and issuing state advisories.
Maharashtra reported 1,276 cases and 18 deaths this year, primarily among those with comorbidities. Haryana’s 87 active cases include 31 new infections, while Odisha and Uttarakhand reported seven each. West Bengal saw 91 recoveries, reducing active cases to 596. Meanwhile, IIT Guwahati’s innovative clay-virus-electrolyte sedimentation method offers a low-cost virus detection alternative, published in a peer-reviewed journal. The uptick has prompted renewed vigilance, with states urging caution amid stable but concerning trends.
https://drive.google.com/file/d/1BoXWlrY-5_ryLv7btwbq1Gm5moAfU3gx/view?usp=drive_link
A police complaint filed on June 6, 2025, at Bengaluru’s Cubbon Park station targeted cricketer Virat Kohli, linking him to a stampede outside Chinnaswamy Stadium that killed 11 and injured 56 on June 3. Social activist HM Venkatesh accused Kohli of promoting “gambling through IPL,” alleging it incited the massive crowd celebrating Royal Challengers Bengaluru’s (RCB) first IPL title.
Venkatesh claimed the IPL “contaminates cricket” and demanded Kohli and RCB members be named in the FIR. The complaint will be examined under the ongoing stampede investigation, which has already led to arrests and police suspensions. The tragic incident, driven by poor crowd management, has sparked debate over celebrity influence and event safety, with Kohli’s role under scrutiny despite his lack of direct involvement in organizing the celebration.
https://drive.google.com/file/d/11cqlWM6wtBypx7gfl6brXjuKxYc5elKj/view?usp=drive_link
Pakistan has repeatedly urged India to reconsider suspending the Indus Waters Treaty, sending four letters since April 2025, following India’s decision to pause the pact after the April 22 Pahalgam terror attack that killed 26 civilians. On June 6, sources revealed Pakistan’s water resources secretary Syed Ali Murtaza’s appeals to India’s Jal Shakti ministry, arguing the treaty cannot be unilaterally suspended. India’s April 24 notification, penned by Debashree Mukherjee, cited Pakistan’s “sustained cross-border terrorism” as justification. India has not responded, with officials reaffirming their stance against engagement until Pakistan credibly halts terrorism. The treaty, a 60-year-old agreement governing shared rivers, remains in limbo, escalating tensions and raising concerns about water security in the region amid ongoing diplomatic silence.
https://drive.google.com/file/d/1rkQ3JBISu29mpSzMhYJRZO8CO9xA8JZ0/view?usp=drive_link
On June 6, 2025, Russia unleashed over 400 drones and 40 missiles across Ukraine, targeting nine regions, including Kyiv, Lviv, and Sumy, in one of the war’s largest attacks. Ukrainian President Volodymyr Zelensky reported six deaths, including three firefighters in Kyiv, and 80 injuries. Russia’s Defense Ministry claimed the strikes retaliated against Ukraine’s attack on Russian nuclear-capable bombers. Zelensky highlighted the assault’s scale, urging global support. A phone call between Russian President Vladimir Putin and U.S. President Donald Trump hinted at further escalation, though its full extent remains unclear. Kyiv residents, interviewed by CNN, supported Ukraine’s prior strikes, undeterred by Russia’s response. The attack underscores the conflict’s intensifying toll, with civilian and infrastructure losses fueling international calls for resolution.
https://drive.google.com/file/d/157DkiOaO0l0gFGTOBvxGSFGQ-0kLMIc0/view?usp=drive_link
England kicked off their three-match T20I series against West Indies with a commanding 21-run victory on June 6, 2025, at Chester-le-Street, Durham. Following a clean sweep in the ODI series, England posted 188/6, led by Jos Buttler’s 96 off 59 balls and Jamie Smith’s brisk 38 off 20. The slow pitch challenged both sides, but England’s spinners, particularly Liam Dawson with 4-20, dismantled West Indies’ batting. Despite Evin Lewis’s 39 off 23 and Roston Chase’s 24 off 20, West Indies faltered at 167, unable to counter Dawson’s pace variations. The match showcased England’s adaptability, with Buttler’s near-century and spin dominance setting a strong tone for the series, delighting fans on a gloomy evening.
https://drive.google.com/file/d/1C_ONhitF4hkQRJxvpJQdz2IyRjilMN9N/view?usp=drive_link
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